In reference to prices, what matters are the laws of the market. If the junction of these two groups results in more productivity and efficiency, certainly steel production in the long term is going to grow and, with this, demand for iron ore. |
It's a game of giants. They are the two largest steelmakers in the world, and together, we're talking about 100 million tons of steel production. |
What everyone is searching for today is the scale to reduce costs and improve the ability to compete. |
When you have mergers and acquisitions that improve the quality of your product, the ability to grow and bring better efficiency, it's good for all. |